One of the prevalent views among economists and economy watchers, particularly after the pandemic, has been that inequality in India has increased over the years. Several studies and reports in recent years have emphasised this view. However, details for the Household Consumption Expenditure Survey (HCES) 2022-23-released last week-show inequality, as measured by the Gini coefficient, has, in fact, declined. At the allIndia level, the Gini coefficient of consumption expenditure in rural areas declined from 0.283 in 2011-12 to 0.266 in 2022-23. For the urban areas, it declined from 0.363 to 0.314 during the same period. The Gini coefficient measures inequality on a scale of 0 to 1, with a higher value indicating higher inequality. In some states, it has gone up.
هذه القصة مأخوذة من طبعة June 11, 2024 من Business Standard.
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هذه القصة مأخوذة من طبعة June 11, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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